Insights
Market Ethos
Market Ethos
Earnings, trick or treat?
October 30, 2023. Market Ethos. It appears that things are holding up or even improving from a U.S. earnings perspective. We’re encouraged so far, but…
Market Ethos
Thematic ETFs: proceed with caution
October 23, 2023. Market Ethos. A thematic ETF or fund that attempts to capture a faster-growing or exciting theme can be a good idea. But…
Market Ethos
This free lunch leaves a bad taste
October 16, 2023. Market Ethos. 2023's first half saw expectations of peak rates mostly plateau or stabilize. Bond/equity correlations were negative again, diversification worked, and…
Market Ethos
The crowding out effect
October 10, 2023. Market Ethos. Money supply has been shrinking, yields moved higher & credit spreads are rising. Financial conditions are tightening at an increasing…
Market Ethos
Yielding to yield
September 25, 2023. Market Ethos. It has not been a very kind September. Market performance may feel like the same dance, but there are key…
Market Ethos
Dividends on sale
September 18, 2023. Market Ethos. Dividends are historically less volatile, with good returns and some preferential tax treatment for Canadian qualified dividends.But what happens if…
Market Ethos
Little trouble in big China matters
August 28, 2023. Market Ethos. China’s equity market and economy have been under pressure of late.
Market Ethos
What happens after the peak?
August 28, 2023. Market Ethos. Bankers likely feel some satisfaction and a sense of achievement after reaching the peak of interest rate hikes. With steep…
Market Ethos
Sometimes good news isn’t good after all
August 21, 2023. Market Ethos. The good news of better economic data, which lifted markets for a while, became a negative due to rising bond…